According to a report released on May 9, 2024, the number of properties classified as seriously underwater is ticking up, with southern states bearing the brunt of the phenomenon. One in 37 homes with ...
If you've found yourself unable to afford your mortgage payments, you're not alone. In the real estate world, many people refer to this as an underwater mortgage. So what does that all-too-common ...
Real estate prices are falling as homebuyer demand fades. Some people worry their home will lose value, leaving them holding a mortgage worth more than their property. If you've owned for more than a ...
Homeowners who bought around the peak of the market are increasingly finding they owe more on their mortgages than their properties are worth. The number of owners who are underwater is small but ...
Roughly one in 37 homes are now considered seriously underwater in the US and that share is much higher across a swath of southern states, according to data out Thursday. Nationally, 2.7% of homes ...
SAN FRANCISCO -- Some of society's most unusual ideas have turned out to be money-makers. It's a truism that one San Francisco real estate agent is banking on this summer, as he tries to sell a ...
PHOENIX – With prices surging, the percentage of Arizona homes that are underwater has fallen dramatically since last year. Homes with mortgages worth more than their values fell to 24.7 percent in ...
The portion of mortgaged homes that are equity-rich slipped at its fastest pace in at least four years, but the number of loans that are seriously underwater improved in the third quarter, according ...
Home values are likely to fall next year, and some recent buyers may find themselves in the predicament of being underwater on their mortgages. But experts say most homeowners probably don’t need to ...
Roughly one in 37 homes are now considered seriously underwater in the US and that share is much higher across a swath of southern states, according to data out Thursday. Nationally, 2.7% of homes ...